FreeAgent alternative: Statemint vs FreeAgent
Looking for a FreeAgent alternative? A side-by-side look at what Statemint and FreeAgent publish about features and prices, as at 13 November 2026.
Statemint is not affiliated with, endorsed by or sponsored by FreeAgent. Information about FreeAgent comes from its own public pages, paraphrased, and may have changed since: always check the source links. Prices exclude VAT where the vendor says so. Statemint is not currently VAT registered, so its prices on our pricing page include no VAT. "Not listed" means the page we checked did not say.
| Statemint | FreeAgent | |
|---|---|---|
| Published price | Sole Trader £12.99 a month, Ltd Company £29.99 a month, Accountants £89.99 a month; For Life £2,999.99 once | Sole trader £19 a month and limited company £33 a month, excluding VAT, before any introductory discount (Source) |
| Billing | Monthly or yearly, or a one-off For Life payment | Monthly or annual (annual £190 for a sole trader, £330 for a limited company) (Source) |
| Payroll | Yes. PAYE payroll, payslips, P60s and P45s on the Ltd Company plan | Yes. Included on the sole trader, partnership or LLP and limited company plans (Source) |
| VAT returns | Partly. VAT returns worked out from your records. Online filing to HMRC is coming soon with Plus, awaiting HMRC approval | Yes. VAT and Making Tax Digital for VAT on every plan (Source) |
| Corporation Tax | Partly. Corporation Tax calculation and CT600 preparation on the Ltd Company plan. Online filing is coming soon | Partly. Limited company plan only, covering Corporation Tax return data and filing (Source) |
| Self Assessment | Partly. Self Assessment return prepared from your records on the Sole Trader plan, and for personal accounts under Accountants. Online filing is coming soon | Yes. Sole trader, landlord and limited company plans (Source) |
| MTD for Income Tax | Partly. Quarterly Making Tax Digital for Income Tax figures prepared from your records. Online submission is coming soon with Plus, awaiting HMRC approval | Partly. MTD for Income Tax is listed on the Sole trader and Landlord plans (Source) |
| Construction Industry Scheme (CIS) | Yes. CIS for contractors, and CIS income for subcontractors | Partly. CIS for subcontractors. Contractors can record CIS transactions, but the help page says CIS payroll filing for contractors is not supported (Source) |
| Bank transactions | Yes. Statements imported from nine UK banks as PDF, CSV or Excel, with Statemint AI categorisation | Yes. Bank feeds on every plan (Source) |
| Foreign currency | Partly. HMRC monthly exchange rates for foreign invoices and bills. This is not full multi-currency accounting | Yes. Invoices can be raised in a foreign currency, with exchange rates worked out automatically (Source) |
| Fixed assets | Yes. Fixed asset register with depreciation schedules | Not listed (Source) |
| Projects | Yes. Project profitability reports | Yes. Projects and time tracking are listed on all four business plans (Source) |
| Accountants and clients | Yes. Unlimited clients on the Accountants plan, sole traders and limited companies | Yes. A free Practice Dashboard for accountants, with a charge for each client licence added (Source) |
| Accountant access | Yes. A view-only client report pack for your accountant, or export your data to an accountant who uses Statemint | Yes. Covered in the accountants section of the page, with no user limit stated (Source) |
| Mobile app | No. No mobile app. Statemint is a desktop app for macOS and Windows | Yes. A mobile app is listed on all four business plans (Source) |
| Desktop or online | Desktop app for macOS and Windows. Your data stays on your computer. An online backup service is planned, with no release date | Online software (Source) |
| Works offline | Yes. Only Statemint AI categorisation needs the internet | Not listed (Source) |
listed listed with a limit (some plans only, an add-on, extra fees or, for Statemint, online filing still to come) not listed no
Which may suit you
Neither is right for everyone. These lines restate the table above, nothing more.
FreeAgent may suit you if…
- you want projects, time tracking and a mobile app, which FreeAgent lists on all four business plans
- you invoice in foreign currencies and want exchange rates worked out for you
- you want Corporation Tax return data and filing, which FreeAgent lists on its limited company plan
Statemint may suit you if…
- you want your books on your own computer, working offline, with backup options in settings today and an online backup service planned
- you want your accounts, VAT, Corporation Tax and Self Assessment figures prepared in one desktop app for macOS and Windows
- you would rather pay once with For Life (£2,999.99) than every month
- you are an accountant who wants unlimited clients, sole traders and limited companies, on one plan
Switching from FreeAgent
Moving to Statemint does not mean starting again. If FreeAgent lets you export your data as a CSV or Excel file, Statemint can match its columns to its own fields, show you a preview, take a backup and import your customers, suppliers, opening balances, unpaid invoices, bills and bank lines. You can undo the import straight afterwards. Keep your FreeAgent records until you have checked the figures.
Things worth checking for yourself
- Whether you need to send VAT or tax returns to HMRC from the software today. Statemint prepares your figures, and online filing is coming soon with Plus.
- Whether you want your books on your own computer, or in an online service. Statemint keeps them on your computer, and an online backup service is planned, with no release date.
- What you will pay after any introductory offer ends, and whether VAT is added.
- Whether you need payroll, bank connections or client management, and what each costs.
Questions about Statemint and FreeAgent
Is Statemint a FreeAgent alternative?
Statemint is accounting software for UK sole traders, limited companies and accountants, so it covers some of the same ground as FreeAgent. The table on this page sets out what each of them publishes about prices and features, with a source for every FreeAgent fact.
Can I move my data from FreeAgent to Statemint?
Yes, if you can export your data from FreeAgent as a CSV or Excel file. Statemint can import customers, suppliers, opening balances, unpaid invoices, bills and bank lines, shows a preview first, takes a backup before it imports, and lets you undo the import straight afterwards.
Where does Statemint keep my data, and does it work offline?
Your data is stored on your computer, so Statemint works offline. Only Statemint AI categorisation needs the internet. Business settings include backup options today. An online backup service is planned, with no release date.
Can Statemint file my VAT or tax return with HMRC?
Not yet. Statemint works out your figures so you can file them yourself through your HMRC account. Online filing from Statemint is coming soon with Plus, awaiting HMRC approval.
How do Statemint and FreeAgent prices compare?
Statemint costs Sole Trader £12.99 a month; Ltd Company £29.99 a month; Accountants £89.99 a month, or a one-off For Life payment of £2,999.99, with no VAT added because Statemint is not currently VAT registered. Sole trader £19 a month and limited company £33 a month, excluding VAT, before any introductory discount. Prices and offers change, so check the source link.
Does Statemint have a mobile app?
No. Statemint is a desktop app for macOS and Windows. A mobile app is listed on all four business plans.
Sources
Information about FreeAgent was read on 13 November 2026 from:
- https://support.freeagent.com/hc/en-gb/articles/115001219150-Multi-currency-invoicing
- https://support.freeagent.com/hc/en-gb/articles/15539041420178-What-can-you-file-using-FreeAgent
- https://www.freeagent.com/pricing/
See Statemint pricing Browse features
More comparisons: Statemint vs Xero · Statemint vs QuickBooks · Statemint vs Sage Accounting · Statemint vs Sage 50 · All comparisons